purchases

On This Day, Oct. 18: U.S. purchases Alaska from Russia

1 of 3 | Men walk down the streets of Valdez, Alaska, ca. 1908. On October 18, 1867, the United States completed its purchase of Alaska for $7.2 million, taking possession of the territory from Russia. File Photo courtesy of the Library of Congress

Oct. 18 (UPI) — On this day in history:

In 1776, the border between Maryland and Pennsylvania was established. Dubbed the “Mason-Dixon” line, it became the unofficial boundary between North and South.

In 1851, Moby-Dick by Herman Melville was published. A small band of Herman Melville devotees orated their way through the 135-chapter opus, which took 22 hours and 38 minutes to complete.

In 1867, the United States completed its purchase of Alaska for $7.2 million, taking possession of the territory from Russia. It would be 92 years before Alaska was admitted to the Union.

In 1898, the United States took control of Puerto Rico one year after Spain had granted self-rule to the Caribbean nation.

File Photo by Monika Graff/UPI

In 1922, the British Broadcasting Corp. was established.

In 1931, Thomas Alva Edison, one of the most prolific inventors in history, died in West Orange, N.J., at the age of 84.

In 1959, the Soviet Union announced that Luna 3, an unmanned space vehicle, had taken the first pictures of the far side of the moon. In 1987, a former Mexican spy claimed his intelligence unit stole the Soviet satellite while it was on tour in Mexico in 1959, providing the United States with valuable intelligence.

In 1974, the jury in the Watergate cover-up trial heard a tape recording in which U.S. President Richard Nixon told aide John Dean to try to stop the Watergate burglary investigation before it implicated White House personnel.

File Photo by Kevin Dietsch/UPI

In 1991, Israel and the Soviet Union agreed to renew full diplomatic relations for the first time since 1967.

In 2002, North Korea revealed it was working on a secret nuclear weapons program. U.S. intelligence officials concluded critical equipment for it came from Pakistan.

In 2007, former Pakistani Prime Minister Benazir Bhutto returned home after eight years in exile to triumphant fanfare that gave way to panic when a suicide bomber killed more than 140 people in her convoy. She wasn’t hurt in that attack but was assassinated on Dec. 27 of that year in Rawalpindi.

In 2011, Gilad Shalit, a 25-year-old Israeli soldier kidnapped by the militant Palestinian group Hamas in a high-profile incident, was freed after being held for more than five years. His release came in exchange for 1,000 Palestinians who had spent years in Israeli jails.

In 2024, the electric grid on the island of Cuba went entirely offline after the failure of a major power plant east of Havana. Power returned four days later. The outage was one of several blackouts from 2024 to 2025 amid an economic crisis.

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US imposes 50 percent tariff on India over Russian oil purchases | Donald Trump News

Washington’s move to double tariffs on many Indian goods poses a huge risk to India’s biggest export market.

The United States has doubled tariffs on many imports from India to 50 percent, as US President Donald Trump followed through on his threat to punish New Delhi for buying discounted Russian oil.

The steep tariffs, which came into force on Wednesday, risk inflicting significant damage on the Indian economy by threatening trade with its largest export market. India exported more than $87bn worth of goods to the US in 2024.

The Indian government, which has criticised the move as “unfair, unjustified and unreasonable”, estimates the tariffs will impact more than $48bn worth of exports. Indian officials warn that the new duties could make exports to the US commercially unviable, leading to job losses and slowing growth in the world’s fifth-largest economy, The Associated Press news agency reported.

The US had already slapped 25 percent tariffs on Indian goods earlier this month, as part of a wave of additional duties on goods from allies and competitors alike since Trump returned to the White House.

But the latest hike on Indian products doubles that rate, in a move to punish New Delhi for buying Russian oil, which the White House argues is indirectly funding Russia’s war on Ukraine.

More than one-third of India’s crude oil imports came from Russia last year, a trade relationship that has spurred criticism from Washington. Trump’s trade adviser, Peter Navarro, told reporters last week that “India doesn’t appear to want to recognise its role in the bloodshed” in Ukraine.

The move leaves Indian exporters facing among the highest US duties Trump has slapped on goods from overseas. Brazil is also grappling with 50 percent tariffs on many of its exports to the US.

‘Strategic shock’

Garima Kapoor, Executive Vice President and Economist at Elara Securities, told Al Jazeera that the impact would likely be felt in labour intensive industries such as textiles, garments, gems and jewellery, marine exports, some auto exports and leathers.

“All of these categories … are small and medium scale enterprise intensive. So we will see an impact being pretty severe in terms of employment.”

A New Delhi-based think tank, Global Trade Research Initiative (GTRI), says the tariffs could eliminate India’s presence in the US.

“The new tariff regime is a strategic shock that threatens to wipe out India’s long-established presence in the US, causing unemployment in export-driven hubs and weakening its role in the industrial value chain,” Ajay Srivastava, GTRI founder and former Indian trade official, told the AP.

The US has, for now, exempted some key sectors, such as pharmaceuticals and electronic goods, from additional tariffs. The Trump administration has launched investigations into these and other sectors that could yet result in further duties.

The tariffs come as the Trump administration pushes for greater access to India’s agriculture and dairy sectors, amid Indian resistance to opening the sectors to cheaper US imports.

Prime Minister Narendra Modi has said India should not yield to the pressure.

“For me, the interests of farmers, small businesses and dairy are topmost. My government will ensure they aren’t impacted,” Modi said at a rally this week in his home state of Gujarat.

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Coventry City Football Club purchases CBS Arena

Alice Cullinane

BBC News, West Midlands

Simon Gilbert

BBC Political Reporter, Coventry and Warwickshire

PA Media Coventry City owner Doug King pictured with manager Frank Lampard at the Coventry Building Society Arena celebrating with fans. They are both smiling and Frank Lampard has his left first raised in celebration.PA Media

Coventry City owner Doug King (left), pictured with manager Frank Lampard, said the purchase was a pivotal moment for the club

Coventry City has completed the purchase of its home stadium, the Coventry Building Society Arena, the club has revealed.

The Sky Blues bought it from Frasers Group and said it marked a “pivotal moment” in the club’s history.

Doug King, chairman and owner of Coventry City, said owning the CBS Arena meant the club could be safeguarded “not only [for] the present but for future generations”.

“This is more than a transaction. It is a statement of ambition and belief in Coventry,” he said.

The announcement comes in the week of the 20th anniversary since the arena opened. The club said the move would provide “long-term stability”.

King thanked supporters for their “unwavering” loyalty through years of uncertainty and said the ownership came with “immense pride and great joy”.

“As owners we can invest in facilities, fan experience, and wider opportunities for our community. We are proud to finally call this stadium our own.”

PA Media A general view of the stadium with blue tiered seating and a green football pitchPA Media

Owner of the club Doug King said it marked a “pivotal moment” in the club’s history

It emerged last month that King had been exploring the possibility of building a new 40,000-seater stadium at the site of Butts Park Arena, although the chairman of Coventry Rugby Club described the plans as “unfeasible”.

The Sky Blues’ agreement to play at the CBS Arena had been due to expire at the end of the 2027-28 season.

It has been a torturous time for supporters since they left Highfield Road in 2005. In that time they have had four stadium owners, four home grounds, three football club owners and countless protests.

But now, finally, the stadium, which was built for Coventry City, belongs to the club.

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Trump admin. moves to block farmland purchases by Chinese

July 8 (UPI) — The Trump administration has announced it will work to limit Chinese nationals and nationals from other so-called adversarial countries from purchasing U.S. farmland, saying their ownership of U.S. crops poses a national security risk.

The U.S. Department of Agriculture released a seven-point National Farm Security Action Plan on Tuesday aimed at protecting U.S. farmland and food from becoming owned by foreign governments and entities, specifically the People’s Republic of China.

During a press conference in Washington, D.C., with the Trump administration’s leading law enforcement and military officials, USDA Secretary Brooke Rollins said U.S. farmland was under threat from “criminals,” “political adversaries” and “hostile regimes” seeking to use it as a weapon against the American people.

“American agriculture is not just about feeding our families but about protecting our nation and standing up to foreign adversaries who are buying our farmland, stealing our research and creating dangerous vulnerabilities in the very systems that sustain us,” she said.

According to the plan, the USDA will seek state and congressional lawmakers to pass legislation and the president to institute executive action to end the direct and indirect purchase or control of U.S. farmland by nationals from countries of concern or other foreign adversaries.

Rollins explained that they are also working to “claw back” land already purchased by Chinese nationals and nationals from other foreign adversarial countries.

She said they have already canceled seven active agreements with entities in foreign countries of concern and that she signed a memo Tuesday to immediately remove 70 citizens from those countries who have contracts or research arrangements with the USDA. She added that another 550 entities were in the process of being removed.

The announcement comes amid deepening competition between the United States and China and concern over Chinese nationals potentially working in the United States to further the objectives of Beijing, whether that be through stealing technology or recruiting potential assets.

According to a USDA Farm Service Agency report for 2023, Chinese, Iranian, North Korean and Russian investment in U.S. agricultural land accounts for less than 1% of foreign-held agricultural property across the country, with Chinese investors owning 277,336 acres as of the end of that year.

Also participating in the press conference were Attorney General Pam Bondi and Secretary of Defense Pete Hegseth, emphasizing the national security attention the Trump administration intends to place on U.S. ownership of U.S. cropland.

Hegseth, as the head of the Pentagon, said he wants to know who is buying farmland in the United States near his bases, calling that “common sense.”

“We would be asleep at the wheel if we were not fully a party to an effort like this, to ensure that our nation had the food supply it needs,” he said.

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Texas to require age verification for app purchases | Social Media

Law to take effect on January 1 has support of social media companies, but Apple and Google oppose it.

Texas Governor Greg Abbott has signed into law a bill requiring Apple and Alphabet’s Google to verify the age of users of their app stores, putting the second most populous state in the United States at the centre of a debate over whether and how to regulate smartphone use by children and teenagers.

The bill was signed into law on Tuesday.

The law, which goes into effect on January 1, requires parental consent to download apps or make in-app purchases for users aged below 18. Utah was the first US state to pass a similar law this year, and US lawmakers have also introduced a federal bill.

Another Texas bill, passed in the state’s House of Representatives and awaiting a Senate vote, would restrict social media apps to users over the age of 18.

Wide support

Age limits and parental consent for social media apps are among the few areas of wide US consensus. A Pew Research poll in 2023 indicated that 81 percent of Americans support requiring parental consent for children to create social media accounts and 71 percent supported age verification before using social media.

The effect of social media on children’s mental health has become a growing global concern. Dozens of US states have sued Meta Platforms, and the US surgeon general has issued an advisory on safeguards for children. Australia last year banned social media for children under 16, with other countries such as Norway also considering new rules.

How to implement age restrictions has caused a conflict between Meta, the owner of Instagram and Facebook, and Apple and Google, which own the two dominant US app stores.

Meta and the social media companies Snap and X applauded the passage of the bill.

“Parents want a one-stop shop to verify their child’s age and grant permission for them to download apps in a privacy-preserving way. The app store is the best place for it, and more than one-third of US states have introduced bills recognising the central role app stores play,” the companies said.

Kathleen Farley, vice president of litigation for the Chamber of Progress, a group backed by Apple and Alphabet, said the Texas law is likely to face legal challenges on First Amendment grounds.

“A big path for challenge is that it burdens adult speech in attempting to regulate children’s speech,” Farley told the Reuters news agency in an interview on Tuesday. “I would say there are arguments that this is a content-based regulation singling out digital communication.”

Child online safety groups that backed the Texas bill have also long argued for app store age verification, saying it is the only way to give parents effective control over children’s use of technology.

“The problem is that self-regulation in the digital marketplace has failed, where app stores have just prioritised the profit over safety and rights of children and families,” Casey Stefanski, executive director for the Digital Childhood Alliance, told Reuters.

Apple and Google opposed the Texas bill, saying it imposes blanket requirements to share age data with all apps, even when those apps are uncontroversial.

“If enacted, app marketplaces will be required to collect and keep sensitive personal identifying information for every Texan who wants to download an app, even if it’s an app that simply provides weather updates or sports scores,” Apple said in a statement.

Google and Apple each have their own proposal that involves sharing age range data only with apps that require it, rather than all apps.

“We see a role for legislation here,” Kareem Ghanem, senior director of government affairs and public policy at Google, told Reuters.

“It’s just got to be done in the right way, and it’s got to hold the feet of [Meta CEO Mark] Zuckerberg and the social media companies to the fire because it’s the harm to kids and teens on those sites that’s really inspired people to take a closer look here and see how we can all do better.”

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